NEWS Corporation (ASX: NWS) has been given the green light to acquire Australian Regional Media (ARM) from APN News and Media (ASX: APN), following a review by Australia's competition watchdog.
The Australian Competition and Consumer Commission (ACCC) launched its review in August, and shortly after published a 'statement of issue...

BIGAIR (ASX:BGL) shareholders have given Superloop (ASX:SLC) the green light to acquire the telecommunications company.
Just over 97 per cent of shareholders voted in favour of the scheme of arrangement, which would allow the Brisbane-based company to purchase all of the BigAir shares it doesn't already own.
BigAir will seek order...

BLUE Sky Alternative Investments (ASX:BLA) has finalised its acquisition of a second office tower in New York through Cove Property Group.
Located in Manhattan, 441 Ninth Avenue represents a transaction value of more than $400 million and follows the purchase of 2 Rector Street in March.
The majority of the equity for the deal was pro...

ALTHOUGH new to the current south-east Queensland sporting landscape, the Brisbane Bullets have a rich basketball history.
From humble beginnings in 1979, the Bullets went on to win three National Basketball League (NBL) Championships in 1985, 1987 and most recently in 2007.
After an eight-year hiatus, the club was reinvigorated by th...

WATPAC (ASX:WTP) has finalised a new $170 million syndicated banking facility to tackle multiple large-scale projects.
The Brisbane-based developer has secured bank guarantees with Bank of Queensland (ASX:BOQ), BNP Paribas, Commonwealth Bank of Australia (ASX:CBA) and HSBC.
The new arrangement is a $50 million increase in Watpac's...

QUADRANT Fund 5 is free to flex its muscles further in the gym market, after Australia's competition watchdog announced today that it wouldn't oppose the company's acquisition of the Fitness First Asia Pacific Group.
As the owner of the Goodlife Health Clubs network and lead franchisor of Jetts Fitness, Quadrant set the market...

COLLINS Foods' (ASX:CKF) half-year profits have sizzled after adding more than 20 KFC stores to its network across Australia and market entry into Europe.
The Brisbane-based food service operator recorded a 17.2 per cent lift in net profit to $16.8 million for the half-year ending October 16.
Revenue was up 4.7 per cent to $282.5 ...

UNCERTAINTY in the global resources sector has hit ALS Limited's (ASX:ALQ) half-year profits, prompting the lab testing provider to divest its oil and gas business.
The Brisbane-based company posted a 17 per cent decline in net profit to $51.4 million over the six months to September, compared to the previous half-year.
Revenue wa...

ELECTRONICS giant JB Hi-Fi has formally completed its $870 million acquisition of home appliance chain The Good Guys.
The takeover brings together two of Australia's largest electronics retailers and accelerates JB Hi-Fi's move into the whitegoods market.
Announced in September, the deal will see JB Hi-Fi's network increas...

THE age-old saying, 'winner winner, chicken dinner' encapsulates the fondness that Australians have for a good old roast chicken.
It is this widespread sentiment and the numerous growth initiatives undertaken by chief executive Chris Green (pictured) which keeps Australian franchise, Red Rooster holding strong despite a wave of di...

OROCOBRE (ASX:ORE) will divest a number of lithium brine exploration projects to a Canadian resource company to pursue a bigger fish.
The Brisbane-based miner will sell the assets held through its Argentine subsidiary South American Salars SA (SAS) to Toronto Stock Exchange-listed Advantage Lithium Corp.
Advantage Lithium will issue m...

LOTTERY platform Jumbo Interactive (ASX:JIN) will scale down operations in Germany rather than continue to flog a dead horse.
The Brisbane-based business plans to stop ongoing losses from its German internet lottery division and focus on the Australian market.
Jumbo Interactive founder and CEO Mike Veverka (pictured) says adverse cond...

AUSTRALIAN Agricultural Company (ASX:AAC) has posted a dip in half-year profits to $47.9 million, as it shifts towards the global luxury beef segment.
The result is an almost 4 per cent decline for the six months to September 30 compared to a year earlier.
The Brisbane-based business reported a 20 per cent lift in operating EBITDA of ...

TECHNOLOGYONE (ASX:TNE) has marked its 17th consecutive year of record revenues, backed by strong growth in its Software as a Service (SaaS) business.
The Brisbane-based enterprise software developer posted a 14 per cent lift in revenue to $249 million for full-year ending September 30.
The results also exceeded market guidance for pr...

THE team at Business News Australia has compiled a list of some of Brisbane's brightest young business minds.
In celebration of the 2016 Brisbane Young Entrepreneur Awards, the 40 under 40 list highlights the achievements of the city's most bold and innovative business founders.
The next generation of leaders have demonstrated...

THE team at Business News Australia has compiled a list of some of Brisbane's brightest young business minds.
In celebration of the 2016 Brisbane Young Entrepreneur Awards, the 40 under 40 list highlights the achievements of the city's most bold and innovative business founders.
The next generation of leaders have demonstrated...

THE team at Business News Australia has compiled a list of some of Brisbane's brightest young business minds.
In celebration of the 2016 Brisbane Young Entrepreneur Awards, the 40 under 40 list highlights the achievements of the city's most bold and innovative business founders.
The next generation of leaders have demonstrated...

THE team at Business News Australia has compiled a list of some of Brisbane's brightest young business minds.
In celebration of the 2016 Brisbane Young Entrepreneur Awards, the 40 under 40 list highlights the achievements of the city's most bold and innovative business founders.
The next generation of leaders have demonstrated...